Post by
visionaryfool on Oct 08, 2015 1:15pm
Bright side to the low price =)
If the price stays below the $65 USD mark, the underwriters WON'T exercise their right for the 15% allotment (and to be quite honest, even if it goes higher than that, not sure how many buyers they'll find after the last burn). So less dilution which a lot of analyst reports are NOT factoring into their analysis (they all assume they banks are gona exercise the overallotment).
Gotta look for the silver lining in this shiat storm!
Comment by
dudsywow on Oct 08, 2015 1:27pm
At this point, I'll take 'dilution' at $65US/share. Howeer, overallotment is not going to happen